HomeMy WebLinkAbout2020-03_FNCE_ReportsJefferson County Finance Committee Treasurer’s Report
First Quarter 2020
Consistent with Governor Jay Inslee’s proclamation 20-28 signed March 24, 2020, the Jefferson County Finance
Committee meeting scheduled for April 28, 2020 is hereby canceled.
Investments by District 3/31/2020, Total amount is $112,184,568. Overall investments amount
is down $2.8 million from last quarter and up $798,443 from this time last year. Specifically,
Treasurer’s Cash is down $3.6 million from last quarter and up $1.567 million from this time last
year. $1.5 million of the increase in Treasurer’s Cash from last year is general fund cash.
Total Investments by Bank 3/31/2020, the State Investment Pool amount of $84.3 million
includes Treasurer’s Cash of $14.79 million. General Fund cash balance on March 31, 2020 was
$6.359 million.
Investment Summary 3/31/2020. 75% of all county and special district investments are held in
the state investment pool, 10% in CDs, 9% in Public Interest Checking and 6% in US Agency
securities. For Treasurer’s Cash, the portion held in the LGIP is 37%, 23% in CDs, 26% in
public interest checking and 14% in US Agency Securities.
Liquid Investments: State Investment Pool Rates are now at 1.2939% and has dropped from
2.5228% from this time last year. It has been dropping gradually since June with a larger drop in
March. The Public Interest Checking account earned 1.83% this quarter. It’s ranged from
0.11% to 0.54% over the pool rate this quarter.
2020 Agency Portfolio Transactions: Five securities matured this quarter, and three were called.
We purchased three securities totaling $2.0 million with one at a discount. Because we use cash
based accounting, it reflects the actual amount paid.
Treasurer’s Cash Treasury & CD Investments as of 3/31/2020 is $5,496,189 in Securities and
$9.5 million in CDs. Estimated 2020 interest revenue from our current securities is $138,134. For
CDs it’s $73,125. Please note that anything that is Non-call will mature on schedule. The rest
could be called if interest rates drop enough to make fiscal sense for the borrowing entity to call
them. This is highly likely.
Schedule of Long Term Debt for the end of the third quarter. General Obligation debt is
$5,645,210 with a net reduction of $56,841 from last month and last quarter. The JeffCom
portion of debt includes the two listed items: The LTGO Refunding 2016 at $1,119,861 and a
portion of LTGO Refunding 2016B at $959,946 for a total of $2,079,807 of the total $5.645
million general obligation county debt. Fire #4 issued new debt in the amount of $1.2 million in
January. Total General Obligation and Special Purpose District debt is $182,278,711.
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2020 FINANCE COMMITTEE INVESTMENTS Month 3
INVESTMENTS BY DISTRICT 3/31/2019 12/31/2019 1/31/2020 2/28/2020 3/27/2020 $ Up/(Down) from $ Up/(Down) from Year to DateFUND NAME TOTAL 3 TOTAL 12 TOTAL 13 TOTAL 14 TOTAL 15 Last Quarter Last Year AVERAGE
Treasurer's O&M 49,839.04 35,697.17 53,526.60 53,603.51 53,671.42 17,974.25 3,832.38 53,600.51
County Roads 4,798.43 4,878.59 4,885.55 4,892.32 4,898.49 19.90 100.06 4,892.12
Public Infrastructure Fund 931,612.95 947,605.58 948,983.63 950,322.61 951,539.90 3,934.32 19,926.95 950,282.05
Solid Waste 2,084,814.87 2,160,492.64 2,097,017.27 2,069,054.96 2,033,489.01 (127,003.63)(51,325.86)2,066,520.41
Solid Waste Post Closure 50,181.72 45,018.68 45,083.13 45,145.82 45,203.01 184.33 (4,978.71)45,143.99
Solid Waste Equipment Reserve 872,150.71 887,093.66 888,380.52 889,630.79 890,767.15 3,673.49 18,616.44 889,592.82
Employee Benefit Reserve 715,396.50 801,867.69 804,348.68 857,127.70 834,134.67 32,266.98 118,738.17 831,870.35
JC Drainfield Trust 122,471.71 124,524.81 124,703.09 124,876.48 125,034.68 509.87 2,562.97 124,871.42
Cemetery District #3 General 43,548.46 44,278.50 44,341.89 44,403.54 44,459.79 181.29 911.33 44,401.74
Cemetery District #1 General 3,799.75 3,799.75 3,799.75 3,799.75 3,799.75 0.00 0.00 3,799.75
Cemetery District #2 General 139,713.41 140,536.86 140,608.36 140,677.90 140,741.35 204.49 1,027.94 140,675.87
Fire District #1 General 1,753,253.18 336,643.83 1,922,991.04 1,595,458.40 1,074,343.83 737,700.00 (678,909.35)1,530,931.09
Fire District #1 Bldg/Apparatus 449,646.93 237,106.11 237,782.23 238,112.86 238,414.51 1,308.40 (211,232.42)238,103.20
Fire District #1 EMS 1,144,766.66 883,297.09 2,005,861.51 1,748,209.92 1,400,944.75 517,647.66 256,178.09 1,718,338.73
Fire District #1 EMS/Apparatus 115,275.69 117,797.35 117,965.99 118,130.02 118,279.67 482.32 3,003.98 118,125.23
Fire District #2 General 686,927.61 492,126.21 483,793.80 384,795.28 510,357.12 18,230.91 (176,570.49)459,648.73
Fire District #2 Cap Project 650,044.14 1,064,042.38 1,065,595.91 1,006,986.20 1,007,554.76 (56,487.62)357,510.62 1,026,712.29
Fire District #2 EMS 51,954.71 370,980.20 455,519.60 481,094.23 458,324.17 87,343.97 406,369.46 464,979.33
Fire District #3 General 832,264.31 1,116,934.87 916,256.38 767,074.98 608,158.94 (508,775.93)(224,105.37)763,830.10
Fire District #3 Reserve 888,648.61 965,685.63 966,226.69 966,769.08 967,263.94 1,578.31 78,615.33 966,753.24
Fire District #3 EMS 397,175.95 634,901.44 561,153.17 515,340.27 458,587.46 (176,313.98)61,411.51 511,693.63
Fire District #3 Cap Project 2008 1,584.22 101,610.76 101,733.14 101,874.59 102,003.65 392.89 100,419.43 101,870.46
Fire District #4 General 227,296.63 278,107.84 1,449,694.49 1,392,630.94 1,233,154.44 955,046.60 1,005,857.81 1,358,493.29
Fire District #4 EMS 271,507.75 415,025.39 433,091.94 415,481.18 411,065.54 (3,959.85)139,557.79 419,879.55
Fire District #5 General 100,835.40 134,646.94 166,199.44 167,347.05 160,150.62 25,503.68 59,315.22 164,565.70
Fire District #5 Project Fund 2016 512,722.92 462,843.50 451,508.74 427,912.37 292,525.04 (170,318.46)(220,197.88)390,648.72
Fire District #5 EMS 18,639.56 18,001.71 15,551.86 16,420.20 11,931.00 (6,070.71)(6,708.56)14,634.35
Park & Recreation #1 General 87,992.94 48,835.54 47,101.59 45,291.64 45,882.85 (2,952.69)(42,110.09)46,092.03
Hospital District #1 General 205,000.00 205,000.00 205,000.00 205,000.00 205,000.00 0.00 0.00 205,000.00
Hosp #2 LTGO Bond 2004 498,616.25 512,407.43 513,532.32 514,523.98 517,170.42 4,762.99 18,554.17 515,075.57
UTGO Hospital #2 Bond Ref 2002 45,387.82 46,148.70 46,214.77 46,279.03 46,337.65 188.95 949.83 46,277.15
Hospital District #2 Facilities and Equipment 250,341.14 254,537.85 254,902.26 255,256.70 255,580.07 1,042.22 5,238.93 255,246.34
Hospital District #2 Board Designated Cash 20,358,513.05 19,388,971.99 19,421,045.40 20,453,830.88 19,498,246.99 109,275.00 (860,266.06)19,791,041.09
Hospital District #2 Community Health 90,492.32 92,009.33 92,141.06 92,269.18 92,386.07 376.74 1,893.75 92,265.44
Hospital District #2 Operating Reserves 1,647,128.74 1,675,752.52 1,678,227.90 1,680,634.23 1,682,825.42 7,072.90 35,696.68 1,680,562.52
Library District #1 General 553,302.00 553,302.00 553,302.00 553,302.00 553,302.00 0.00 0.00 553,302.00
Library District #1 Capital Reserve 2,013,509.93 2,141,132.89 2,147,611.89 2,148,813.56 2,149,905.57 8,772.68 136,395.64 2,148,777.01
Library District #1 Unemployment Reserve 217,216.39 224,874.55 225,196.50 225,509.63 225,795.32 920.77 8,578.93 225,500.48
Library District #1 Gift Account 54,898.72 55,819.06 55,898.97 55,976.70 0.00 (55,819.06)(54,898.72)37,291.89
Port Reserve 1,230,481.71 1,449,993.45 1,473,556.43 1,475,637.11 1,498,804.93 48,811.48 268,323.22 1,482,666.16
PUD #1 General 5,866,875.79 5,866,875.79 5,866,875.79 5,866,875.79 5,646,522.08 (220,353.71)(220,353.71)5,793,424.55
PUD #1 Tax Revenue 1,925,000.00 1,925,000.00 1,925,000.00 1,925,000.00 1,925,000.00 0.00 0.00 1,925,000.00
PUD #1 Bond 1,117,496.60 1,136,770.67 1,138,433.80 1,140,050.06 1,141,520.36 4,749.69 24,023.76 1,140,001.41
PUD #1 Tri-Area Bond Reserve 177,101.44 180,070.35 180,328.15 180,578.89 180,807.66 737.31 3,706.22 180,571.57
PUD #1 LUD #11 Water Bond 1999 29,228.03 32,846.78 32,893.80 32,939.53 32,981.26 134.48 3,753.23 32,938.20
PUD #1 LUD #11 Water Reserve 229,395.55 233,241.16 233,575.08 233,899.86 234,196.17 955.01 4,800.62 233,890.37
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INVESTMENTS BY DISTRICT 3/31/2019 12/31/2019 1/31/2020 2/28/2020 3/27/2020 $ Up/(Down) from $ Up/(Down) from Year to Date
FUND NAME TOTAL 3 TOTAL 12 TOTAL 13 TOTAL 14 TOTAL 15 Last Quarter Last Year AVERAGE
PUD #1 LUD #13 Bond 21,236.03 21,592.03 21,622.94 21,653.01 21,680.45 88.42 444.42 21,652.13
PUD #1 LUD #13 Water Reserve 12.85 13.09 13.11 13.13 13.15 0.06 0.30 13.13
PUD #1 LUD #15 Bond 2008 413,259.91 480,123.93 480,811.30 481,479.85 482,089.82 1,965.89 68,829.91 481,460.32
PUD #1 LUD #14 Bond 2009 2,429,944.19 2,499,001.13 2,525,452.07 2,583,502.72 2,481,231.56 (17,769.57)51,287.37 2,530,062.12
Olympic Area on Aging 873,186.29 962,497.56 770,434.40 384,006.12 894,968.36 (67,529.20)21,782.07 683,136.29
O3A Unemployment Compensation 80,481.04 81,830.21 81,947.36 49,481.56 49,564.17 (32,266.04)(30,916.87)60,331.03
School District #20 General 177,745.36 10,373.61 0.00 0.00 124,619.17 114,245.56 (53,126.19)41,539.72
School District #20 Building 77,086.34 20,276.64 20,276.64 29,679.17 29,715.35 9,438.71 (47,370.99)26,557.05
School District #20 Transportation 65,508.45 73,650.46 73,650.46 73,961.46 74,055.33 404.87 8,546.88 73,889.08
School District #46 General 296,309.73 379,166.04 414,878.56 379,058.56 379,058.56 (107.48)82,748.83 390,998.56
School District #46 Building 70,349.53 9,511.94 9,569.84 9,583.09 9,583.09 71.15 (60,766.44)9,578.67
School District #46 Transportation 8,012.58 23,871.29 23,905.39 23,938.59 23,938.59 67.30 15,926.01 23,927.52
School District #48 General 1,264,520.11 917,886.66 1,067,960.04 1,032,116.30 1,122,838.03 204,951.37 (141,682.08)1,074,304.79
School District #48 Building 454,236.52 109,798.08 109,955.28 110,108.17 110,247.66 449.58 (343,988.86)110,103.70
School District #48 UTGO 2010 Bond 210,257.80 51,904.41 52,128.91 52,246.10 52,400.60 496.19 (157,857.20)52,258.54
School District #48 ASB 81,901.61 79,860.37 80,375.03 83,937.46 86,933.86 7,073.49 5,032.25 83,748.78
School District #48 Transportation 65,301.68 318.09 318.55 319.00 319.41 1.32 (64,982.27)318.99
School District #49 General 2,389,343.22 2,337,343.22 2,326,843.22 2,256,843.22 2,224,843.22 (112,500.00)(164,500.00)2,269,509.89
School District #49 Building 2,497,371.27 1,176,071.27 1,186,571.27 1,188,071.27 1,284,071.27 108,000.00 (1,213,300.00)1,219,571.27
School District #49 ASB 173,208.00 122,508.00 117,508.00 137,508.00 135,508.00 13,000.00 (37,700.00)130,174.67
School District #49 Transportation 488,746.00 454,211.00 454,886.00 455,486.00 456,086.00 1,875.00 (32,660.00)455,486.00
School District #49 UTGO Ref Bond 2007 8,321.89 8,461.39 8,473.50 8,485.28 8,496.03 34.64 174.14 8,484.94
School District #50 General 1,531,000.00 1,701,000.00 1,591,000.00 1,353,000.00 1,428,000.00 (273,000.00)(103,000.00)1,457,333.33
School District #50 UTGO 2016 702,693.18 494,340.14 495,055.14 502,080.14 632,740.14 138,400.00 (69,953.04)543,291.81
School District #50 Building 6,001,525.81 3,777,525.81 3,602,525.81 3,505,525.81 3,640,525.81 (137,000.00)(2,361,000.00)3,582,859.14
School District #50 UTGO Refg 2007 126,930.76 129,060.76 129,245.76 129,425.76 129,590.76 530.00 2,660.00 129,420.76
School District #50 ASB 310,150.00 347,150.00 354,150.00 354,150.00 346,150.00 (1,000.00)36,000.00 351,483.33
School District #50 Transportation 73,007.31 186,207.31 186,807.31 186,807.31 187,307.31 1,100.00 114,300.00 186,973.98
Transit General 1,300,000.00 1,350,000.00 1,350,000.00 1,350,000.00 1,350,000.00 0.00 50,000.00 1,350,000.00
Transit Capital 2,156,813.69 4,320,052.69 4,320,052.69 3,820,052.69 3,820,052.69 (500,000.00)1,663,239.00 3,986,719.36
Water District #1 General 9,638.41 9,800.00 9,814.03 9,827.67 9,840.12 40.12 201.71 9,827.27
Water District #1 Meter Fund 19,760.30 20,091.56 20,120.33 20,148.31 20,173.84 82.28 413.54 20,147.49
Water District #2 General 500.00 500.00 500.00 500.00 500.00 0.00 0.00 500.00
Pt. Ludlow Drainage District General 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 0.00 0.00 100,000.00
Pt. Ludlow Drainage District Reserve 46,800.00 48,000.00 48,000.00 48,000.00 48,000.00 0.00 1,200.00 48,000.00
Treasurer's Cash 38,739,000.26 43,924,338.04 40,034,615.98 41,438,492.70 40,306,361.75 (3,617,976.29)1,567,361.49 40,593,156.81
TOTAL INVESTMENT PORTFOLIO 112,983,010.36 115,077,471.97 114,666,911.03 114,838,330.17 112,184,567.58 (2,892,904.39)(798,442.78)113,896,602.93
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INVESTMENTS BY DISTRICT 3/31/2019 12/31/2019 1/31/2020 2/28/2020 3/27/2020 $ Up/(Down) from $ Up/(Down) from Year to Date
FUND NAME TOTAL 3 TOTAL 12 TOTAL 13 TOTAL 14 TOTAL 15 Last Quarter Last Year AVERAGE
2020 FINANCE COMMITTEE INVESTMENTS - Treasurer's Cash Sub Pool Detail
Auditor's O&M 13,473.97 14,345.72 11,746.36 11,008.46 11,386.41 (2,959.31)(2,087.56)11,380.41
Hotel Motel 574,665.94 634,893.08 647,035.51 579,603.48 578,221.86 (56,671.22)3,555.92 601,620.28
Inmate Comm Tr 82,758.03 95,149.91 93,299.27 91,654.90 91,516.45 (3,633.46)8,758.42 92,156.87
JC Drug Fund 47,982.48 39,092.11 39,467.97 35,526.85 36,088.19 (3,003.92)(11,894.29)37,027.67
Fed Forest Title III 104,282.65 125,156.32 125,326.02 125,491.79 125,642.41 486.09 21,359.76 125,486.74
Jeff Co Aff Housing 148,015.92 188,933.92 191,159.04 195,327.69 199,608.34 10,674.42 51,592.42 195,365.02
Homeless Housing 306,753.48 320,789.76 328,975.30 354,396.50 343,644.80 22,855.04 36,891.32 342,338.87
Veteran's Relief 98,673.04 96,247.36 84,012.50 101,719.82 99,222.25 2,974.89 549.21 94,984.86
Post Harvest 9,800.33 9,955.79 9,969.29 9,982.48 9,994.46 38.67 194.13 9,982.08
Emer Rd Res 2,525.10 2,565.16 2,568.64 2,572.04 2,575.13 9.97 50.03 2,571.94
RID #1&2 Bond 6.97 15.08 15.10 15.12 15.14 0.06 8.17 15.12
RID #4 Bond 4,540.46 4,607.13 4,613.38 4,619.48 4,625.02 17.89 84.56 4,619.29
JC LTGO '98 1,511.58 1,532.87 1,534.95 1,536.98 1,538.82 5.95 27.24 1,536.92
Carroll Park - 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Conserv Futures 634,942.41 663,404.54 662,269.72 673,650.07 689,071.24 25,666.70 54,128.83 674,997.01
Yard Waste 10,035.24 3,571.58 3,576.42 3,581.15 3,585.45 13.87 (6,449.79)3,581.01
Tri-Area Sewer 784,645.33 740,993.07 727,271.87 706,713.15 695,736.82 (45,256.25)(88,908.51)709,907.28
Total Sub Pool 2,824,612.93 2,941,253.40 2,932,841.34 2,897,399.96 2,892,472.79 (48,780.61)67,859.86 2,907,571.36
Total Non-Sub Pool Treasurer's Cash 35,914,387.33 40,983,084.64 37,101,774.64 38,541,092.74 37,413,888.96 (3,569,195.68)1,499,501.63 37,685,585.45
TOTAL INVESTMENTS BY BANK
#BANK 11/30/2019 12/31/2019 1/31/2020 2/29/2020 3/31/2020
275 First Federal Bank 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00
310 Columbia/Sound Community Bank 9,266,742.90 9,266,742.90 9,266,742.90 9,266,742.90 9,266,742.90
520 Opus Bank 10,453,592.94 10,470,193.06 10,486,299.56 10,500,868.66 10,517,543.85
550 Kitsap Bank
900 U.S. Government Securities 9,676,931.77 9,676,931.77 8,186,539.72 7,686,539.72 6,088,626.11
*999 State Investment Pool 90,027,646.17 83,663,604.24 84,727,328.85 85,384,178.89 84,311,654.72
TOTAL 121,424,913.78 115,077,471.97 114,666,911.03 114,838,330.17 112,184,567.58
*Includes Treasurer's Cash for Mar-20 - State Pool: $14,792,628.73
Includes Treasurer's Cash for Feb-20 - State Pool: $14,343,521.26
Includes Treasurer's Cash for Jan-20 - State Pool: $12,454,213.64
Includes Treasurer's Cash for Dec-19 - State Pool: $14,869,650.15
Includes Treasurer's Cash for Nov-19 - State Pool: $17,210,429.09
Investment Summary, March, 2020
-
10,000,000.00
20,000,000.00
30,000,000.00
40,000,000.00
50,000,000.00
60,000,000.00
70,000,000.00
80,000,000.00
90,000,000.00
Certificate ofDeposit US AgencySecurities Public InterestChecking WashingtonState Pool
All Investments
District & Fund Investments Treasurer's Cash
Certificate of Deposit,
9,500,000.00, 23%
US Agency
Securities,
5,496,189.17, 14%
Public Interest Checking,
10,517,543.85, 26%
Washington State
Pool,
14,792,628.73,
37%
Treasurer's Cash
Certificate of Deposit US Agency Securities
Public Interest Checking Washington State Pool
Certificate of
Deposit,
11,266,742.90 ,
10%
US Agency
Securities, 6,088,626.11 , 6%
Public Interest
Checking, 10,517,543.85 , 9%
Washington State
Pool,
84,311,654.72 , 75%
All Investments
Certificate of Deposit US Agency Securities Public Interest Checking Washington State Pool
0.00
2,000,000.00
4,000,000.00
6,000,000.00
8,000,000.00
10,000,000.00
12,000,000.00
14,000,000.00
16,000,000.00
Certificate ofDeposit US AgencySecurities Public InterestChecking WashingtonState Pool
Treasurer's Cash
Certificate of Deposit US Agency Securities
Public Interest Checking Washington State Pool
LIQUID INVESTMENTS
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2017 2018 2019 2020 Difference From LGIP 2017 2018 2019 2020
January 4.3596%1.2669%0.2864%0.2328%0.1213%0.1745%0.1112%0.1345%0.3868%0.6304%1.4286%2.4920%1.7233%January 1.47%2.57%1.83%1.14%0.08%0.11%
February 3.7871%1.0689%0.2723%0.2189%0.1394%0.1650%0.1053%0.1347%0.4201%0.6304%1.4728%2.5129%1.6787%February 1.52%2.58%1.83%0.05%0.07%0.15%
March 3.1375%1.0301%0.2245%0.2338%0.1367%0.1778%0.1137%0.1577%0.4484%0.6996%1.5742%2.5228%1.2939%March 1.68%2.59%1.83%0.11%0.07%0.54%
April 2.6998%0.8905%0.2395%0.1718%0.1479%0.1667%0.1008%0.1431%0.4935%0.8291%1.7152%2.5393%April 1.78%2.59%0.06%0.05%0.00%
May 2.4281%0.6678%0.2709%0.1394%0.1443%0.1351%0.0922%0.1428%0.4241%0.8687%1.7949%2.4996%May 1.84%2.61%0.05%0.11%0.00%
June 2.2933%0.7396%0.3014%0.1583%0.1746%0.1233%0.0870%0.1691%0.4287%0.9794%1.8855%2.5056%June 1.97%2.56%0.08%0.05%0.00%
July 2.2758%0.6507%0.2762%0.1561%0.1764%0.1197%0.1087%0.1449%0.4894%1.0733%1.9858%2.4775%July 2.04%2.55%0.05%0.07%0.00%
August 2.3328%0.6036%0.2680%0.1723%0.1848%0.1231%0.1038%0.1561%0.4853%1.1100%2.0151%2.2875%August 2.07%2.38%0.05%0.09%0.00%
September 2.3892%0.4703%0.2997%0.1688%0.1807%0.1233%0.1089%0.1871%0.5166%1.1285%2.0685%2.1960%September 2.11%2.28%0.04%0.08%0.00%
October 2.4652%0.4164%0.2564%0.1127%0.1777%0.1260%0.0984%0.1865%0.4739%1.1380%2.2323%2.0542%October 1.16%2.31%2.13%0.02%0.08%0.08%0.00%
November 2.1903%0.3300%0.2155%0.1480%0.1792%0.1161%0.0929%0.1676%0.4684%1.1560%2.2818%1.8307%November 1.18%2.35%1.90%0.02%0.07%0.07%0.00%
December 1.8183%0.3347%0.2644%0.1305%0.2350%0.1278%0.1038%0.2529%0.5067%1.2752%2.3706%1.7741%December 1.36%2.45%1.83%0.08%0.08%0.06%0.00%
0.0000%
0.5000%
1.0000%
1.5000%
2.0000%
2.5000%
3.0000%
3.5000%
4.0000%
4.5000%
5.0000%
State Investment Pool Rates
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
Public Interest Checking Rates
2017
2018
2019
2020
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
Matured 1999750 598664
Called 988943 1000000 999250
Purchased 1498301 500000
Jan Activity - Treasurer's Cash - 2 Securities matured, 1 called, 2 purchased.
Feb Activity - Treasurer's Cash - 1 Security purchased, 1 called.
Mar Activity - Treasurer's Cash - 2 Securities matured; 1 called.
Page 7
0
500000
1000000
1500000
2000000
2500000
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2020 AGENCY PORTFOLIO TRANSACTIONS
Matured
Called
Purchased
TREASURERS CASH TREASURY INVESTMENTS 2020
Treasury Principal Interest Purchase Maturity Poss. Call 2020 Annual 2020 InvestmentTypeAmountRateDateDateDateInterestActivity
FNMA -$ 1.35%9/15/2016 9/15/2020 Quarterly Call 7,500.00 Called 3/16/20
FNMA -$ 1.65%3/23/2017 1/17/2020 Quarterly Call 8,250.00 Matured 1/17/20
FNMA -$ 1.70%1/31/2017 1/27/2020 Quarterly Call 8,750.00 Matured 1/27/20
FHLB -$ 2.13%3/21/2018 3/13/2020 Non-Call 3,992.64 Matured 3/13/20
FFCB -$ 2.38%3/27/2018 3/27/2020 Non-Call 4,156.25 Matured 3/30/20
FAMCA 501,054$ 1.75%9/27/2017 6/15/2020 Non-Call 4,375.00
FAMCA 497,852$ 1.54%9/27/2017 10/15/2020 Non-Call 7,700.00
FFCB -$ 2.25%5/25/2018 1/29/2021 One-time call 22,307.00 Called 1/29/20
FHLB -$ 2.00%9/15/2017 9/6/2022 Continuous Call 8,333.33 Called 2/7/20
FFCB 498,982$ 1.74%10/21/2019 10/21/2022 1 Yr Call Prot; Continuous 4,350.00
FHLB 1,000,000$ 3.13%8/24/2018 8/24/2023 Non-Call 31,250.00
FFCB 1,000,000$ 1.92%10/15/2019 10/15/2024 1 Yr Call Prot; Continuous 9,600.00
FNMA 498,301$ 1.67%1/10/2020 1/7/2025 Non-Call 3,994.79 Purchased 1/10/20
FHLB 1,000,000$ 1.87%1/29/2020 1/29/2025 1 Yr Call Prot; Continuous 9,350.00 Purchased 1/29/20
FFCB 500,000$ 1.69%2/12/2020 2/12/2024 1 Yr Call Prot; Continuous 4,225.00 Purchased 2/12/20
5,496,189$ 138,134.01
S CASH TIME CERTIFICATES 2020
Bank Principal Interest Interest Purchase Maturity 2020 Investment
Name Amount Rate Yield Date Date Notes Activity
Sound Community Bank 1,500,000$ 1.19%1.20%8/31/2016 08/31/20 ** Est. $73,125 interest in 2020
First Federal 500,000$ 2.35%2.38%7/30/2019 07/30/21
First Federal 1,000,000$ 2.35%2.38%7/30/2019 07/30/21
Sound Community Bank 1,000,000$ 1.75%1.76%8/9/2016 08/09/21 **
Sound Community Bank 2,500,000$ 1.75%1.76%8/31/2016 08/31/21
Sound Community Bank 1,000,000$ 3.21%3.26%4/1/2019 04/01/23
Sound Community Bank 2,000,000$ 3.21%3.26%4/1/2019 04/01/239,500,000$
**CD opened with a 5-year term but can mature at anytime incurring a 90-day interest penalty
JEFFERSON COUNTY Schedule of Long Term Debt For the Year ended March, 2020 Schedule 09
Date of Amount Beginning Amount that Ending
ID Date of Final Interest Originally Unmatured Amount Became Due Unmatured
Description No Issue Maturity Rate Issued Debt 1st of Month Issued This Period Debt
G.O. DEBT
RID PW Transfer Fund Loan 253.13 7/1/2000 7/1/2020 4.00%511,900 26,314 26,314
Castle Hill Property 263.53 3/15/2002 12/1/2021 6.00%2,950,000 477,318 56,841 420,477
LTGO 2007 252.11 3/3/2003 12/1/2026 4.01%2,560,000 - -
LTGO Bond 2011 252.11 3/1/2011 12/1/2030 Variable 3,150,000 100,000 100,000
LTGO Refg 2011 252.11 9/1/2011 12/1/2018 Variable 2,350,000
LTGO Refg 2011: JC PW PTN 252.11 9/1/2011 12/1/2018 Variable 2,035,000 - -
LTGO Refg 2011: JEFF COM 252.11 9/1/2011 12/1/2018 Variable 315,000 - -
LTGO Refg 2016B 252.11 11/1/2016 12/1/2030 Variable 2,521,000
LTGO Refg 2016B- TRI Area 252.11 11/1/2016 12/1/2030 Variable 1,520,163 1,458,054 1,458,054
LTGO Refg 2016B - E911 252.11 11/1/2016 12/1/2030 Variable 1,000,837 959,946 959,946
Pt Hadlock Wastewater Ln 253.13 3/12/2012 6/1/2046 0.5%10,000,000 1,560,559 1,560,559
LTGO Refg 2016 - JEFF COM 252.11 6/16/2016 12/1/2026 Variable 1,576,157 1,119,861 1,119,861
TOTAL G.O. DEBT:25,619,057 5,702,051 - 56,841 5,645,210
DEBT OF SPECIAL PURPOSE DISTRICTS
FIRE DISTRICT #1
Fire #1 2010 Bond 251.11 6/16/2005 12/1/2030 Variable 4,280,000 - -
Fire #1 2013 Bond 252.11 4/6/2013 12/1/2032 Variable 4,165,000 - -
Fire #1 2017 Bond 251.11 12/7/2017 12/1/2020 2.20%500,000 166,667 166,667
Fire #1 2019 Refunding Bond 251.11 9/12/2019 12/1/2032 Variable 3,695,000 3,695,000 3,695,000
TOTAL FIRE DISTRICT #1 12,640,000 3,861,667 - - 3,861,667
FIRE DISTRICT #4
UTGO Bond 2020 251.11 1/28/2020 12/1/2030 Variable 1,200,000 1,200,000 1,200,000
TOTAL FIRE DISTRICT #4 1,200,000 1,200,000 - - 1,200,000
FIRE DISTRICT #5
UTGO Bond 2016 251.11 5/3/2016 12/1/1935 Variable 530,000 480,000 480,000
TOTAL FIRE DISTRICT #5 530,000 480,000 - - 480,000
Hospital District #2
Real Estate Contract 263.51 7/1/2012 7/1/2027 5.175%7,480,000 3,913,023 36,161 3,876,862
ESSB Loan 2016 263.62 7/6/2015 N/A - -
UTGO Refunding 2013 252.11 4/9/2013 12/1/2023 Variable 2,050,000 810,000 810,000
LTGO Bond 17A 7/26/2017 7/26/2047 2.89%1,250,000 1,171,300 1,171,300
LTGO Bond 17B 7/26/2017 7/26/2047 2.89%6,030,000 5,640,800 5,640,800
LTGO Bond 17C 7/26/2017 7/26/2047 3.25%3,900,000 3,699,163 3,699,163
REV Bond 17D 7/26/2017 7/26/2047 3.25%1,945,000 1,844,839 1,844,839
REV Bond 17E 7/26/2017 7/26/2047 3.25%6,000,000 5,691,020 5,691,020
REV Bond 17F 7/26/2017 7/26/2047 3.25%5,700,000 5,406,469 5,406,469
INFO ONLY - DETAIL BELOW
INFO ONLY - DETAIL BELOW
JEFFERSON COUNTY Schedule of Long Term Debt For the Year ended March, 2020 Schedule 09
Date of Amount Beginning Amount that Ending
ID Date of Final Interest Originally Unmatured Amount Became Due Unmatured
Description No Issue Maturity Rate Issued Debt 1st of Month Issued This Period Debt
TOTAL HOSPITAL #2 34,355,000 28,176,614 - 36,161 28,140,453
Port of Port Townsend
Port LTGO Bond 2010 252.11 6/9/2010 12/1/2029 Variable 5,515,000 3,605,000 3,605,000
Port LTGO Refunding 2015 252.11 6/10/2015 7/1/2025 Variable 4,115,000 2,975,000 2,975,000
TOTAL PORT 9,630,000 6,580,000 - - 6,580,000
DEBT OF SPECIAL PURPOSE DISTRICT (cont.)
PUD #1
LUD #11 W&S Rev.1999 253.11 4/15/1999 5/1/2019 variable 1,090,000 - -
LUD #14 Revenue 2009 253.11 6/27/2008 12/24/2028 variable 2,000,000 1,020,000 122,000 898,000
Tri-Area Loan 2003 263.99 4/21/2003 4/21/2043 4.50%3,043,250 2,373,224 2,373,224
Peterson Lake Loan 263.99 2/1/2006 1/1/2026 6.00%2,000,000 874,538 9,956 864,582
RUS Loan 2013 B 263.99 3/27/2013 12/31/2041 2.603%668,594 5,225 663,368
RUS Loan 2013 A 263.99 3/27/2013 12/31/2041 3.308%99,081,224 841,206 98,240,018
TOTAL PUD 8,133,250 104,017,580 - 978,388 103,039,192
SCHOOL DISTRICT #20
Energy Lease 2013 263.96 8/22/2013 6/1/2023 2.60540%47,104 21,468 21,468
TOTAL SCHOOL DIST #20 47,104 21,468 - - 21,468
SCHOOL DISTRICT #48
UTGO Refg 2010 251.12 7/7/2010 12/1/2018 variable 1,475,000 - -
Energy Lease 2012 263.56 3/29/2012 6/1/2022 2.16385%302,372 100,798 100,798
TOTAL SCHOOL DIST #48 1,777,372 100,798 - - 100,798
School District #50
LTGO Bond 2009 252.11 7/30/2009 12/1/2019 4.45%475,000 - -
UTGO Bond 2016 252.11 6/1/2016 12/1/2035 Variable 35,995,000 33,190,000 33,190,000
TOTAL SCHOOL DIST #50 36,470,000 33,190,000 0 0 33,190,000
TRANSIT
Transit Sales Tax Bond 2014 252.11 7/1/2014 12/1/2033 variable 1,090,000 - -
TOTAL TRANSIT 1,090,000 - - - -
PORT LUDLOW DRAINAGE
Public Works Board Loan 253.14 3/16/2009 3/16/2011 0.50%47,813 19,923 19,923
TOTAL PORT LUDLOW DRAINAGE 47,813 19,923 - - 19,923
TOTAL JEFFERSON COUNTY DEBT:130,339,597$ 183,350,101$ -$ 1,071,390$ 182,278,711$